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Bill · started in the Commons

Unauthorised Overdrafts (Cost of Credit) Bill

A Bill to require the Financial Conduct Authority to make rules restricting the cost of credit for unauthorised overdrafts on bank accounts in certain circumstances; and for connected purposes.

In progress Current stage: 2nd reading (Commons)

The story so farThe Unauthorised Overdrafts (Cost of Credit) Bill was introduced in the House of Commons on 25 April 2017 by Rachel Reeves (Labour). It is now at second reading in the House of Commons. Second reading is the first debate on the overall principle of the bill; if the bill clears it, detailed committee scrutiny follows.

Progress through Parliament

  1. 1st reading Commons 25 Apr 2017
  2. 2nd reading Commons Current

Source: the official bill page. Last updated 28 Apr 2017.